Pangasius export prices to rebound this year
VOV.VN - The average export price of pangasius is forecast to recover this year thanks to increasing demand from the United States and the European Union, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
February alone witnessed the average export price of pangasius rise by about 4% to reach US$2.13 per kilo.
Specifically, the EU imported more than 3,000 tonnes of pangasius from Vietnam with the export price edging up by 8.4% to US$2.49 per kilo.
Meanwhile, the US purchased more than 6,000 tonnes, with the average export price increasing slightly by 0.8% to roughly US$2.66 per kilo.
There are positive signs ahead in the ASEAN market as the import volume has also inched up slightly, reaching nearly 6,000 tonnes with the export price increasing by 6.8% to US$1.92 per kilo.
Although China and Hong Kong (China) remain the largest consumers of Vietnamese pangasius, the combined export volume to these markets decreased sharply after hitting 13,000 tonnes in January, whilst the average export price to the markets also dropped by 1.5% to US$1.94 per kilo.
VASEP statistics indicate that in the first half of March, pangasius exports to foreign markets reached US$74 million, down 18% year on year.
From the beginning of the year to March 15, pangasius exports declined by 0.05% against the same period last year to US$329 million.
